There’s no better organization or group of people to support than the Libertarian Institute - Dave Smith

Great news, matching funds has been extended. A very generous donor has pledged an additional $15,000 in matching funds.

Double the impact of your donation and Support the Libertarian Institute Today!

$36,632 of $60,000 raised

Congress Set to Approve $12 Billion in Additional Aid to Ukraine

by | Sep 28, 2022

Congress Set to Approve $12 Billion in Additional Aid to Ukraine

by | Sep 28, 2022

Congressional negotiators agreed to include nearly $12 billion in new spending on the war in Ukraine in a stopgap spending bill that will likely be voted on this week, Reuters reported on Monday.

Sources told Reuters that the $12 billion will include $4.5 billion in funding for arms being sent to Ukraine and $2.7 billion for other military and intelligence support for Ukraine. The funding also includes $4.5 billion in direct budgetary aid for the Ukrainian government.

A source told The Associated Press that the stopgap bill is meant to fund the federal government through mid-December and could be brought to the Senate for a vote as soon as Tuesday evening.

The funds for Ukraine largely fall in line with a request made by President Biden. The White House asked Congress to authorize $11.7 billion in spending for Ukraine and for $2 billion for energy spending to offset the cost of the sanctions campaign against Moscow.

If the measure is passed, it will bring the total U.S. expenditures for the war in Ukraine to about $65.6 billion. Including the $2 billion in energy spending to offset sanctions brings the total to $67.6 billion. To put the figure in perspective, Russia’s entire annual military budget for 2021 was $65.9 billion.

The Ukraine aid is not meant to last very long. When requesting the funds, the White House said it was needed for the first three months of the 2023 fiscal year, which starts on October 1 for the federal government. Ukraine is preparing to launch more counteroffensive next year and has asked the U.S. to provide more advanced weaponry.

U.S. support for this proxy war on Russia’s border is entering extremely dangerous territory as Russian President Vladimir Putin has warned Moscow could defend its “territorial integrity” with nuclear weapons. Russian territory is set to expand into Ukraine as referendums are being held in Russian-controlled areas.

This article was originally featured at Antiwar.com and is republished with permission.

Dave DeCamp

Dave DeCamp

Dave DeCamp is the news editor of Antiwar.com. Follow him on Twitter @decampdave.

View all posts

Our Books

Shop books published by the Libertarian Institute.

libetarian institute longsleeve shirt

Our Books

cb0cb1ef 3fcb 417d 80d8 4eef7bbd8290

Recent Articles

Recent

One Majority to Rule Them All

One Majority to Rule Them All

Decentralization, or localism, is based first on the extended family or household; when grouped with other clans, this became a locality creating laws organically for the benefit of all. On the other hand, centralization occurs when forces far from these...

read more
You’ve Been Living Under Fascism for Decades

You’ve Been Living Under Fascism for Decades

The late, great essayist Joe Sobran once coined the sardonic idea of what I’ve come to call Sobran’s Law, which, if I may paraphrase it, states: “The U.S. Constitution poses no threat to our current system of government.” (The New York Times wrongly worries...

read more

Pin It on Pinterest

Share This